+44 (0) 113 4264 444 View All Investments Book a Call

Book a Call

Integrated Form
Back

PM Gives HS2 The Go-Ahead

Written on .

Posted in News, Where To Invest.

Prime Minister Boris Johnson has announced that the HS2 high-speed rail link will go-ahead, with the first phase of the route travelling between London and Birmingham, with a second phase going to Manchester and Leeds.

The HS2 aims to improve transport times, increase capacity, create jobs and re-balance the UK’s economy while North-East businesses say the scheme will help boost the Northern economy.

Once it is built, journeys will be shorter; London to Birmingham travel times will be cut from 1 hour and 21 minutes to just 52 minutes. Furthermore, while it is being built, it is expected to create thousands of jobs and provide a stimulus to economic growth.

Boost Northern Economy

The go-ahead of the HS2 high-speed rail link is expected to encourage more businesses from the South to re-locate to the North, as the easier and now faster long-distance journeys will further highlight the available investment opportunities in the North, further boosting the Northern economy.

Improved Transport Infrastructure

The Government has already committed to building parts of the Northern Powerhouse Rail, which would connect Liverpool directly with Manchester and Leeds. As well as building a high-speed line between the major UK cities. This would mean more space on the existing lines for commuter services.

Furthermore, the Northern Powerhouse Rail has been designed to connect with HS2 – in places it uses part of the HS2 track, and it relies on stations being upgraded in the way they would be under the HS2 plans, boosting the North’s infrastructure.

Boris Johnson has also promised a £5 billion investment into bus and bicycles. Consequently, this drastically improved transport infrastructure is expected to see more people moving up from the South to the North.

Call Us On +44 (0) 1134 264 444 Or Request A Call Back

Integrated Form


North Property Group is a member of the Property Ombudsman.

Prime Location

Copyright © North Property Invest
Powered By Spotlight Studios

Registered in England and Wales, Registered Office: One Brewery Wharf, Waterloo Street, Leeds LS10 1GX, Company Number: 10761978

Contact Us

Integrated Form

Join The Investors Club

Integrated Form

Calculate my Stamp Duty

Your calculation
Please note: This calculator is provided as a guide to how much stamp duty land tax you will need to pay in England, Wales and Northern Ireland.

Register your Interest

Integrated Form
Top